1W - The weekly timeframe looks excellent from a technical and target perspective. We are in a clearly defined bearish context. Last week's close confirmed the bearish order flow. The intermediate target is 1.06, with the primary target being 1.045.
daily timeframe. Starting from Monday, the context was changed back to short. The first target I marked in the previous review was quickly reached. After that, we saw a corrective move to the FVG. Having covered it, the price continued the short order flow, which opens up the possibility for the continuation of the short context with a target of 1.06. The scenario...
Hello,Traders! EUR-NZD went down and Is retesting a horizontal Support level of 1.7384 So we are locally bullish Biased and we will be Expecting a local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
This is Part 1 of the Weekly Forex Forecast. Part 2 will follow! Look for it! In this video, we will cover: USD Index EUR GBP AUD CAD NZD CHF JPY Enjoy! May profits be upon you.
EURNZD - Intraday Our short term bias remains negative. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Offers ample risk/reward to sell at the market. There is no clear indication that the downward move is coming to an end. 20 4hour EMA is at 1.7483. We look to Sell at 1.7482...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price entered to wedge, where it at once broke $1.0850 level and fell to support line of wedge. Then price in a short time rose to resistance line, breaking $1.0850 level again, but soon it made downward impulse. Price exited from wedge, broke...
Please, check our technical outlook for EURCHF. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.968. The above observations make me that the market will inevitably achieve 0.963 level. P.S The term oversold refers to a condition where an asset has...
EUR/JPY has just reacted off the pivot and could potentially rise to the pullback resistance. Pivot: 168.31 1st Support: 167.37 1st Resistance: 170.03 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so...
Hello,Traders! EUR-CHF is falling down And the pair is locally Oversold so after the Pair hits the the support Of 0.956 we will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURUSD on the daily time frame is bearish and in a downtrend channel. Correction might be underway to fill up the gap and retest the broken uptrend line at area 1.08 - 1.085 which is the previous support zone and currently the resistance zone, before the next big drop to the lower of the down channel at area 1.0450 - 1.05.
Dear Traders, Following a period of subdued inflation data, EURUSD recently breached the 1.09000 mark. However, Friday's Non-Farm Payroll (NFP) report surpassed expectations, revealing over 272,000 jobs created compared to the anticipated 185,000. Consequently, EURUSD has retraced towards the key uptrend support around the 1.07800 level. While the NFP figures...
EUR/USD experienced a significant upward movement on Wednesday, driven by an overall increase in market risk appetite following the release of a cooler-than-expected US Consumer Price Index (CPI) inflation report. This positive sentiment was initially bolstered as the lower inflation figures suggested a potential easing of pressure on the Federal Reserve to raise...
With reference to my EURNZD analysis of April 2024. This pair is started losing momentum to the downside. There is still no confirmation for buying as yet. However, it might create a massy structure around the marked demands zones. Therefore, we need the price to pullback at least towards 1.78000 level (round number) break the previous high before continue moving...
The Fiber (EUR/USD) is falling towards the pivot which has been identified as a pullback support level and could potentially bounce to the 1st resistance. Pivot: 1.07967 1st Support: 1.07297 1st Resistance: 1.08565 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
✅EUR_NZD has retested a key support level of 1.7400 And as the pair is already making a bullish rebound A move up to retest the supply level above around 1.7563 is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅
#USDJPY (UPDATE) Hey traders we are here to update about USDJPY. USDJPY ready for big drop as volume getting low. In this drop we can see drop upto 200Pips+. Keep in touch we will update further soon.
4H Bullish impulse: indication . Pattern within pattern: confirmation. Inverse head & shoulders, Bullish fake out flag. Clear support & resistance zone is there. Corrective approach towards entry zone. -68 Fib completion aligning with entry zone . = Buy limit set. 1% risk.
The EUR/USD pair started the new week with a bearish gap, falling to its weakest level in a month below 1.0750. Despite technical indicators on the H4 timeframe suggesting oversold conditions, the Euro might struggle to stage a significant rebound given the current risk-averse market environment. Market Overview The US Dollar (USD) has gained strength...